Month: October 2020

Founder and CEO of SmartRent, an enterprise home automation and internet of things platform for the multifamily industry. getty As Covid-19 has spread throughout the U.S., reliable high-speed internet in the home has never been more essential. In a survey of 2500 American workers, Stanford economists showed that a stunning 42% were working from home full-time.
0 Comments
Beware of unknown callers promising stupendous purchase prices for commercial real estate. RANJAN SAMARAKONE Even in today’s uncertain commercial real estate market, long-term family owners of commercial real estate often get phone calls or emails out of the blue from someone offering to buy their property. Often those communications include a very impressive number that
0 Comments
High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax
0 Comments
CNBC’s Jim Cramer said on Monday that “we’re in some wacko market” because normally chasing stay-at-home stocks trading at off-the-charts multiples to sales would not make sense, but now the market is rewarding investors who do so. Cramer cited Zoom Video Communications at about 50 times sales and cloud company Snowflake at about 100 times
0 Comments
Under Sheth’s watch, Vista Equity Partners has conducted more software acquisitions than any other … [+] company or investor in recent years. Patrick T. Fallon/Bloomberg Following billionaire Robert Smith’s admission to tax fraud last week, one of his private equity firm’s top dealmakers—cofounder and president Brian Sheth—looks set to depart. While Sheth—who launched Vista Equity
0 Comments
With European banks gearing up to report third-quarter earnings as they look to continue a fragile recovery, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization. Across the pan-European Stoxx 600 index, aggregate third-quarter earnings are expected to decrease 36.7% from the same period in 2019, according to Refinitiv, with
0 Comments